Trading activities in the Nigerian Equities Market closed positive today, Thursday (23/11/2023) by 0.07% as the NGX-ASI increased to 71,052.85 from 71,003.98 recorded at the close of the previous trading day; indicating a YTD return of +38.63%.
Similarly, the market capitalization increased today by N26.87 billion to N39.074 trillion from N39.047 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.44 billion from N7.37 billion.
The market breadth was positive at 1.83X as 33 stocks advanced and 18 stocks declined, while 64 stocks remained unchanged. BETAGLAS topped the gainers’ list with +10.00%, while ELLAHLAKES declined by -9.89% to lead the losers’ chart.
UNIVINSURE recorded the highest volume, while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Thursday, 23rd November 2023
MARKET STATISTICS
| CAP | N39,074,833,855,400.80 | One Day (ASI CHG) | 0.07% |
| Index | 71,052.85 | One Week (ASI CHG) | 0.04% |
| Volume | 563,707,721 | One Month (ASI CHG) | +5.70% |
| Value | N3,442,051,216.71 | Six Months (ASI CHG) | +34.12% |
| Deals | 6,579 | 52 Weeks (ASI CHG) | +53.68% |
| Gainers | 33 | Losers | 18 |
| Unchanged | 64 | Total | 115 |
| YTD Returns | +38.63% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.07 |
| NGX30 | 0.04 |
| NGXBNK | 0.03 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | 0.04 |
| NGXINS | 1.27 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| BETAGLAS | 54.00 | 59.40 | 5.40 | 10.00 |
| MULTIVERSE | 4.81 | 5.29 | 0.48 | 9.98 |
| ENAMELWA | 17.55 | 19.30 | 1.75 | 9.97 |
| DEAPCAP | 0.61 | 0.67 | 0.06 | 9.84 |
| INFINITY | 1.22 | 1.34 | 0.12 | 9.84 |
| UNITYBNK | 1.54 | 1.69 | 0.15 | 9.74 |
| NEIMETH | 1.85 | 2.03 | 0.18 | 9.73 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| ELLAHLAKES | 3.74 | 3.37 | -0.37 | -9.89 |
| OMATEK | 1.09 | 0.99 | -0.10 | -9.17 |
| ACADEMY | 1.80 | 1.70 | -0.10 | -5.56 |
| NPFMCRFBK | 2.19 | 2.10 | -0.09 | -4.11 |
| STERLINGNG | 3.64 | 3.50 | -0.14 | -3.85 |
| UNILEVER | 14.80 | 14.30 | -0.50 | -3.38 |
| ABCTRANS | 0.95 | 0.93 | -0.02 | -2.11 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UNIVINSURE | 0.26 | 139 | 164,299,663 |
| VERITASKAP | 0.40 | 209 | 77,128,996 |
| UNITYBNK | 1.69 | 119 | 24,044,671 |
| CHAMS | 2.33 | 99 | 20,777,615 |
| ZENITHBANK | 33.50 | 406 | 20,713,637 |
| FIDELITYBK | 8.90 | 125 | 17,787,208 |
| MBENEFIT | 0.60 | 53 | 17,273,409 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 33.50 | 406 | 694,173,300.50 |
| PRESCO | 185.00 | 81 | 274,478,767.00 |
| MTNN | 238.00 | 207 | 268,163,789.80 |
| VFDGROUP | 202.90 | 4 | 202,906,369.00 |
| GTCO | 38.95 | 258 | 177,843,723.25 |
| FBNH | 19.00 | 130 | 177,255,680.50 |
| UBA | 20.75 | 218 | 160,491,462.90 |
OUTLOOK
The Nigerian Equities market gains marginally to close today’s trading on investors’ positive sentiment in trading safe haven stocks. Trading is expected to consolidate on this performance as the end of the week approaches.
